25 XP   0   0   10

Henderson High Income Trust
Buy, Hold or Sell?

Let's analyse Henderson together

PenkeI guess you are interested in Henderson High Income Trust. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Henderson High Income Trust. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Henderson High Income Trust

I send you an email if I find something interesting about Henderson High Income Trust.

Quick analysis of Henderson (30 sec.)










What can you expect buying and holding a share of Henderson? (30 sec.)

How much money do you get?

How much money do you get?
p0.38
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
p125.39
Expected worth in 1 year
p78.04
How sure are you?
70.0%

+ What do you gain per year?

Total Gains per Share
p-17.06
Return On Investment
-10.9%

For what price can you sell your share?

Current Price per Share
p157.00
Expected price per share
p136.67 - p159.50
How sure are you?
50%

1. Valuation of Henderson (5 min.)




Live pricePrice per Share (EOD)

p157.00

Intrinsic Value Per Share

p5.54 - p78.39

Total Value Per Share

p130.93 - p203.78

2. Growth of Henderson (5 min.)




Is Henderson growing?

Current yearPrevious yearGrowGrow %
How rich?$272.3m$298m-$25.7m-9.4%

How much money is Henderson making?

Current yearPrevious yearGrowGrow %
Making money-$13.9m$47.4m-$61.3m-441.1%
Net Profit Margin105.5%98.5%--

How much money comes from the company's main activities?

3. Financial Health of Henderson (5 min.)




4. Comparing to competitors in the Asset Management industry (5 min.)




  Industry Rankings (Asset Management)  


Richest
#352 / 763

Most Revenue
#679 / 763

Most Profit
#654 / 763

Most Efficient
#129 / 763

What can you expect buying and holding a share of Henderson? (5 min.)

Welcome investor! Henderson's management wants to use your money to grow the business. In return you get a share of Henderson.

What can you expect buying and holding a share of Henderson?

First you should know what it really means to hold a share of Henderson. And how you can make/lose money.

Speculation

The Price per Share of Henderson is p157.00. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Henderson.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Henderson, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is p125.39. Based on the TTM, the Book Value Change Per Share is p-11.84 per quarter. Based on the YOY, the Book Value Change Per Share is p14.44 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is p7.57 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Henderson.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 p% of Price per Sharep% of Price per Sharep% of Price per Sharep% of Price per Sharep% of Price per Share
Usd Eps-0.08-0.1%-0.08-0.1%0.280.2%0.030.0%0.100.1%
Usd Book Value Change Per Share-0.15-0.1%-0.15-0.1%0.180.1%-0.060.0%0.060.0%
Usd Dividend Per Share0.100.1%0.100.1%0.090.1%0.090.1%0.080.1%
Usd Total Gains Per Share-0.050.0%-0.050.0%0.280.2%0.030.0%0.140.1%
Usd Price Per Share2.09-2.09-2.24-2.12-2.20-
Price to Earnings Ratio-25.81--25.81-8.13--5.77-5.28-
Price-to-Total Gains Ratio-38.76--38.76-8.13--8.36-1.57-
Price to Book Ratio1.32-1.32-1.29-1.29-1.41-
Price-to-Total Gains Ratio-38.76--38.76-8.13--8.36-1.57-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.981026
Number of shares504
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.100.09
Usd Book Value Change Per Share-0.15-0.06
Usd Total Gains Per Share-0.050.03
Gains per Quarter (504 shares)-27.1216.18
Gains per Year (504 shares)-108.4764.70
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1193-301-118187-12255
2385-602-226374-245120
3578-903-334561-367185
4771-1205-442748-489250
5963-1506-550935-612315
61156-1807-6581122-734380
71349-2108-7661309-856445
81541-2409-8741496-979510
91734-2710-9821683-1101575
101927-3011-10901870-1223640

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%7.03.00.070.0%9.03.00.075.0%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%7.03.00.070.0%9.03.00.075.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%12.00.00.0100.0%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%7.03.00.070.0%9.03.00.075.0%

Fundamentals of Henderson

About Henderson High Income Trust

Henderson High Income Trust plc is a close-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying value stocks of companies across all market capitalizations. It seeks to invest in companies that are well managed and have strong balance sheets. The fund benchmarks the performance of its portfolio against a composite benchmark comprised of 80% FTSE All-Share Index and 20% Merrill Lynch Sterling Non-Gilts Index. Henderson High Income Trust plc was formed on November 1, 1989 and is domiciled in the United Kingdom.

Fundamental data was last updated by Penke on 2024-03-09 23:45:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is unable to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of Henderson High Income Trust.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Henderson earns for each 1 of revenue.

  • Above 10% is considered healthy but always compare Henderson to the Asset Management industry mean.
  • A Net Profit Margin of 105.5% means that 1.06 for each 1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Henderson High Income Trust:

  • The MRQ is 105.5%. The company is making a huge profit. +2
  • The TTM is 105.5%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ105.5%TTM105.5%0.0%
TTM105.5%YOY98.5%+7.0%
TTM105.5%5Y101.5%+4.1%
5Y101.5%10Y99.7%+1.8%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ105.5%62.0%+43.5%
TTM105.5%63.5%+42.0%
YOY98.5%71.0%+27.5%
5Y101.5%62.9%+38.6%
10Y99.7%58.3%+41.4%
1.1.2. Return on Assets

Shows how efficient Henderson is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Henderson to the Asset Management industry mean.
  • -4.2% Return on Assets means that Henderson generated -0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Henderson High Income Trust:

  • The MRQ is -4.2%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -4.2%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-4.2%TTM-4.2%0.0%
TTM-4.2%YOY12.7%-16.9%
TTM-4.2%5Y0.6%-4.7%
5Y0.6%10Y4.9%-4.3%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.2%0.8%-5.0%
TTM-4.2%0.9%-5.1%
YOY12.7%1.0%+11.7%
5Y0.6%1.5%-0.9%
10Y4.9%2.1%+2.8%
1.1.3. Return on Equity

Shows how efficient Henderson is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Henderson to the Asset Management industry mean.
  • -5.1% Return on Equity means Henderson generated -0.05 for each 1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Henderson High Income Trust:

  • The MRQ is -5.1%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -5.1%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-5.1%TTM-5.1%0.0%
TTM-5.1%YOY15.9%-21.1%
TTM-5.1%5Y0.6%-5.7%
5Y0.6%10Y6.0%-5.4%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.1%1.7%-6.8%
TTM-5.1%2.0%-7.1%
YOY15.9%1.9%+14.0%
5Y0.6%2.6%-2.0%
10Y6.0%3.2%+2.8%

1.2. Operating Efficiency of Henderson High Income Trust.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Henderson is operating .

  • Measures how much profit Henderson makes for each 1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Henderson to the Asset Management industry mean.
  • An Operating Margin of 104.8% means the company generated 1.05  for each 1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Henderson High Income Trust:

  • The MRQ is 104.8%. The company is operating very efficient. +2
  • The TTM is 104.8%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ104.8%TTM104.8%0.0%
TTM104.8%YOY98.8%+6.0%
TTM104.8%5Y100.4%+4.4%
5Y100.4%10Y91.3%+9.1%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ104.8%80.3%+24.5%
TTM104.8%62.8%+42.0%
YOY98.8%70.7%+28.1%
5Y100.4%55.7%+44.7%
10Y91.3%50.4%+40.9%
1.2.2. Operating Ratio

Measures how efficient Henderson is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Asset Management industry mean).
  • An Operation Ratio of -0.05 means that the operating costs are -0.05 for each 1 in net sales.

Let's take a look of the Operating Ratio trends of Henderson High Income Trust:

  • The MRQ is -0.048.
  • The TTM is -0.048.
Trends
Current periodCompared to+/- 
MRQ-0.048TTM-0.0480.000
TTM-0.048YOY0.012-0.060
TTM-0.0485Y-0.038-0.010
5Y-0.03810Y0.011-0.049
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.0480.420-0.468
TTM-0.0480.445-0.493
YOY0.0120.335-0.323
5Y-0.0380.430-0.468
10Y0.0110.483-0.472

1.3. Liquidity of Henderson High Income Trust.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Henderson is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Asset Management industry mean).
  • A Current Ratio of -0.09 means the company has -0.09 in assets for each 1 in short-term debts.

Let's take a look of the Current Ratio trends of Henderson High Income Trust:

  • The MRQ is -0.094. The company is unable to pay all its short-term debts. -2
  • The TTM is -0.094. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ-0.094TTM-0.0940.000
TTM-0.094YOY0.151-0.245
TTM-0.0945Y0.064-0.158
5Y0.06410Y0.067-0.003
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.0943.222-3.316
TTM-0.0943.191-3.285
YOY0.1513.840-3.689
5Y0.0645.526-5.462
10Y0.0676.549-6.482
1.3.2. Quick Ratio

Measures if Henderson is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Henderson to the Asset Management industry mean.
  • A Quick Ratio of -0.03 means the company can pay off -0.03 for each 1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Henderson High Income Trust:

  • The MRQ is -0.031. The company is unable to pay all its short-term debts with the most liquid assets. -2
  • The TTM is -0.031. The company is unable to pay all its short-term debts with the most liquid assets. -2
Trends
Current periodCompared to+/- 
MRQ-0.031TTM-0.0310.000
TTM-0.031YOY0.151-0.182
TTM-0.0315Y0.077-0.108
5Y0.07710Y0.048+0.029
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.0313.184-3.215
TTM-0.0313.532-3.563
YOY0.1514.139-3.988
5Y0.0776.715-6.638
10Y0.0486.060-6.012

1.4. Solvency of Henderson High Income Trust.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Henderson assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Henderson to Asset Management industry mean.
  • A Debt to Asset Ratio of 0.19 means that Henderson assets are financed with 18.5% credit (debt) and the remaining percentage (100% - 18.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Henderson High Income Trust:

  • The MRQ is 0.185. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.185. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.185TTM0.1850.000
TTM0.185YOY0.199-0.014
TTM0.1855Y0.199-0.014
5Y0.19910Y0.195+0.004
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1850.183+0.002
TTM0.1850.180+0.005
YOY0.1990.185+0.014
5Y0.1990.190+0.009
10Y0.1950.188+0.007
1.4.2. Debt to Equity Ratio

Measures if Henderson is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Henderson to the Asset Management industry mean.
  • A Debt to Equity ratio of 22.9% means that company has 0.23 debt for each 1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Henderson High Income Trust:

  • The MRQ is 0.229. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.229. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.229TTM0.2290.000
TTM0.229YOY0.249-0.020
TTM0.2295Y0.249-0.020
5Y0.24910Y0.242+0.007
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2290.210+0.019
TTM0.2290.220+0.009
YOY0.2490.227+0.022
5Y0.2490.250-0.001
10Y0.2420.260-0.018

2. Market Valuation of Henderson High Income Trust

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every 1 in earnings Henderson generates.

  • Above 15 is considered overpriced but always compare Henderson to the Asset Management industry mean.
  • A PE ratio of -25.81 means the investor is paying -25.81 for every 1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Henderson High Income Trust:

  • The EOD is -24.520. Based on the earnings, the company is expensive. -2
  • The MRQ is -25.809. Based on the earnings, the company is expensive. -2
  • The TTM is -25.809. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-24.520MRQ-25.809+1.288
MRQ-25.809TTM-25.8090.000
TTM-25.809YOY8.127-33.936
TTM-25.8095Y-5.768-20.041
5Y-5.76810Y5.280-11.047
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD-24.5205.619-30.139
MRQ-25.8095.505-31.314
TTM-25.8095.667-31.476
YOY8.1273.801+4.326
5Y-5.7685.342-11.110
10Y5.2807.598-2.318
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Henderson High Income Trust:

  • The EOD is 20.382. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 21.453. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 21.453. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD20.382MRQ21.453-1.071
MRQ21.453TTM21.4530.000
TTM21.453YOY26.368-4.915
TTM21.4535Y23.893-2.440
5Y23.89310Y28.472-4.579
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD20.3824.635+15.747
MRQ21.4534.286+17.167
TTM21.4533.311+18.142
YOY26.3682.052+24.316
5Y23.8932.207+21.686
10Y28.4722.479+25.993
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Henderson is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Asset Management industry mean).
  • A PB ratio of 1.32 means the investor is paying 1.32 for each 1 in book value.

Let's take a look of the Price to Book Ratio trends of Henderson High Income Trust:

  • The EOD is 1.252. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.318. Based on the equity, the company is underpriced. +1
  • The TTM is 1.318. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.252MRQ1.318-0.066
MRQ1.318TTM1.3180.000
TTM1.318YOY1.293+0.024
TTM1.3185Y1.285+0.033
5Y1.28510Y1.411-0.126
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD1.2520.927+0.325
MRQ1.3180.911+0.407
TTM1.3180.910+0.408
YOY1.2930.983+0.310
5Y1.2851.008+0.277
10Y1.4111.157+0.254
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Henderson High Income Trust compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---11.838-11.8380%14.443-182%-4.809-59%4.827-345%
Book Value Per Share--125.394125.3940%137.232-9%130.745-4%124.998+0%
Current Ratio---0.094-0.0940%0.151-162%0.064-245%0.067-239%
Debt To Asset Ratio--0.1850.1850%0.199-7%0.199-7%0.195-5%
Debt To Equity Ratio--0.2290.2290%0.249-8%0.249-8%0.242-6%
Dividend Per Share--7.5757.5750%7.396+2%7.352+3%6.458+17%
Eps---6.403-6.4030%21.840-129%2.116-403%7.703-183%
Free Cash Flow Per Share--7.7037.7030%6.732+14%7.052+9%6.818+13%
Free Cash Flow To Equity Per Share---6.109-6.1090%3.437-278%-1.918-69%3.402-280%
Gross Profit Margin--1.0071.0070%0.998+1%1.002+1%0.999+1%
Intrinsic Value_10Y_max--78.391--------
Intrinsic Value_10Y_min--5.537--------
Intrinsic Value_1Y_max--7.241--------
Intrinsic Value_1Y_min--5.293--------
Intrinsic Value_3Y_max--22.225--------
Intrinsic Value_3Y_min--11.893--------
Intrinsic Value_5Y_max--37.774--------
Intrinsic Value_5Y_min--14.049--------
Market Cap27026294000.000-5%28446465500.00028446465500.0000%30555205000.000-7%28954284400.000-2%30051689650.000-5%
Net Profit Margin--1.0551.0550%0.985+7%1.015+4%0.997+6%
Operating Margin--1.0481.0480%0.988+6%1.004+4%0.913+15%
Operating Ratio---0.048-0.0480%0.012-496%-0.038-21%0.011-533%
Pb Ratio1.252-5%1.3181.3180%1.293+2%1.285+3%1.411-7%
Pe Ratio-24.520+5%-25.809-25.8090%8.127-418%-5.768-78%5.280-589%
Price Per Share157.000-5%165.250165.2500%177.500-7%168.200-2%174.575-5%
Price To Free Cash Flow Ratio20.382-5%21.45321.4530%26.368-19%23.893-10%28.472-25%
Price To Total Gains Ratio-36.821+5%-38.755-38.7550%8.127-577%-8.357-78%1.573-2564%
Quick Ratio---0.031-0.0310%0.151-120%0.077-140%0.048-164%
Return On Assets---0.042-0.0420%0.127-133%0.006-847%0.049-185%
Return On Equity---0.051-0.0510%0.159-132%0.006-1013%0.060-186%
Total Gains Per Share---4.264-4.2640%21.840-120%2.543-268%11.285-138%
Usd Book Value--272365839.000272365839.0000%298080061.200-9%283989792.960-4%271507562.640+0%
Usd Book Value Change Per Share---0.149-0.1490%0.182-182%-0.061-59%0.061-345%
Usd Book Value Per Share--1.5821.5820%1.732-9%1.650-4%1.577+0%
Usd Dividend Per Share--0.0960.0960%0.093+2%0.093+3%0.081+17%
Usd Eps---0.081-0.0810%0.276-129%0.027-403%0.097-183%
Usd Free Cash Flow--16731468.00016731468.0000%14621738.400+14%15317494.920+9%14809368.060+13%
Usd Free Cash Flow Per Share--0.0970.0970%0.085+14%0.089+9%0.086+13%
Usd Free Cash Flow To Equity Per Share---0.077-0.0770%0.043-278%-0.024-69%0.043-280%
Usd Market Cap341017777.692-5%358937501.679358937501.6790%385545576.690-7%365345160.559-2%379192220.004-5%
Usd Price Per Share1.981-5%2.0852.0850%2.240-7%2.122-2%2.203-5%
Usd Profit---13907559.600-13907559.6000%47437371.000-129%4595475.600-403%16730584.740-183%
Usd Revenue---13176977.400-13176977.4000%48157858.800-127%5310159.120-348%17349497.640-176%
Usd Total Gains Per Share---0.054-0.0540%0.276-120%0.032-268%0.142-138%
 EOD+4 -4MRQTTM+0 -0YOY+14 -225Y+14 -2210Y+18 -18

3.2. Fundamental Score

Let's check the fundamental score of Henderson High Income Trust based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-24.520
Price to Book Ratio (EOD)Between0-11.252
Net Profit Margin (MRQ)Greater than01.055
Operating Margin (MRQ)Greater than01.048
Quick Ratio (MRQ)Greater than1-0.031
Current Ratio (MRQ)Greater than1-0.094
Debt to Asset Ratio (MRQ)Less than10.185
Debt to Equity Ratio (MRQ)Less than10.229
Return on Equity (MRQ)Greater than0.15-0.051
Return on Assets (MRQ)Greater than0.05-0.042
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Henderson High Income Trust based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5057.837
Ma 20Greater thanMa 50154.088
Ma 50Greater thanMa 100155.155
Ma 100Greater thanMa 200153.645
OpenGreater thanClose157.000
Total2/5 (40.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2018-12-312019-12-312020-12-312021-12-312022-12-31
Cash And Cash Equivalents  258,10012,000270,100-210,60059,500334,700394,200-681,500-287,300
Total Current Assets  258,100218,900477,000-227,800249,200338,400587,600-874,900-287,300
Cash and Short Term Investments  258,10012,000270,100-210,60059,500334,700394,200-681,500-287,300



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in GBP. All numbers in thousands.

Summary
Total Assets264,854
Total Liabilities48,999
Total Stockholder Equity214,277
 As reported
Total Liabilities 48,999
Total Stockholder Equity+ 214,277
Total Assets = 264,854

Assets

Total Assets264,854
Total Current Assets-2,873
Long-term Assets260,053
Total Current Assets
Cash And Cash Equivalents -2,873
Net Receivables 1,928
Inventory -3,856
Other Current Assets 1,928
Total Current Assets  (as reported)-2,873
Total Current Assets  (calculated)-2,873
+/-0
Long-term Assets
Long Term Investments 260,053
Other Assets 7,674
Long-term Assets  (as reported)260,053
Long-term Assets  (calculated)267,727
+/- 7,674

Liabilities & Shareholders' Equity

Total Current Liabilities30,719
Long-term Liabilities48,999
Total Stockholder Equity214,277
Total Current Liabilities
Accounts payable 30,719
Other Current Liabilities -30,719
Total Current Liabilities  (as reported)30,719
Total Current Liabilities  (calculated)0
+/- 30,719
Long-term Liabilities
Long-term Liabilities  (as reported)48,999
Long-term Liabilities  (calculated)0
+/- 48,999
Total Stockholder Equity
Common Stock6,490
Retained Earnings 52,658
Other Stockholders Equity 155,129
Total Stockholder Equity (as reported)214,277
Total Stockholder Equity (calculated)214,277
+/-0
Other
Capital Stock6,490
Cash and Short Term Investments -2,873
Common Stock Shares Outstanding 129,401
Liabilities and Stockholders Equity 264,854
Net Debt 51,872
Net Invested Capital 263,276
Net Working Capital -33,592
Short Long Term Debt Total 48,999



Balance Sheet

Currency in GBP. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-31
> Total Assets 
135,591
122,142
106,149
121,794
134,385
144,831
162,276
176,324
112,216
125,735
143,444
138,773
161,731
216,994
235,024
244,484
256,072
314,220
272,314
309,834
262,336
294,967
264,854
264,854294,967262,336309,834272,314314,220256,072244,484235,024216,994161,731138,773143,444125,735112,216176,324162,276144,831134,385121,794106,149122,142135,591
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,222
2,572
3,082
2,925
2,581
4,770
2,492
5,876
-2,873
-2,8735,8762,4924,7702,5812,9253,0822,5723,22200000000000000
       Cash And Cash Equivalents 
7,829
1,000
0
315
1,665
1,834
4,205
58
3,198
1,345
3,227
682
3,250
184
1,860
1,223
1,742
1,245
2,581
2,701
595
3,942
-2,873
-2,8733,9425952,7012,5811,2451,7421,2231,8601843,2506823,2271,3453,198584,2051,8341,66531501,0007,829
       Net Receivables 
0
0
0
0
1,061
1,152
2,161
2,604
3,018
1,509
1,581
1,703
0
0
21
20
15
37
79
2,069
1,897
1,934
1,928
1,9281,9341,8972,0697937152021001,7031,5811,5093,0182,6042,1611,1521,0610000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,069
1,897
1,934
1,928
1,9281,9341,8972,0690000000000000000000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
267,966
305,064
259,844
289,091
260,053
260,053289,091259,844305,064267,966000000000000000000
       Property Plant Equipment 
0
0
0
120,409
130,598
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000130,598120,409000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
231,802
241,912
252,990
311,295
267,966
305,064
259,844
289,091
260,053
260,053289,091259,844305,064267,966311,295252,990241,912231,80200000000000000
> Total Liabilities 
36,584
24,986
21,959
60,340
60,824
38,226
35,639
33,719
24,452
24,972
30,732
29,903
28,967
41,646
46,037
47,373
48,349
56,977
61,526
58,746
50,965
58,733
48,999
48,99958,73350,96558,74661,52656,97748,34947,37346,03741,64628,96729,90330,73224,97224,45233,71935,63938,22660,82460,34021,95924,98636,584
   > Total Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
46,037
27,577
28,543
37,164
41,705
38,917
31,126
38,884
30,719
30,71938,88431,12638,91741,70537,16428,54327,57746,03700000000000000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
43,999
45,215
47,587
55,777
40,468
37,967
29,873
0
0
0029,87337,96740,46855,77747,58745,21543,99900000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
43,999
45,215
47,587
55,777
0
0
0
0
0
0000055,77747,58745,21543,99900000000000000
       Accounts payable 
7,517
0
143
0
0
0
1,558
3
0
3,156
0
0
0
0
0
0
28,543
37,164
41,705
38,917
31,126
38,884
30,719
30,71938,88431,12638,91741,70537,16428,5430000003,156031,55800014307,517
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
55,777
60,289
57,796
49,712
57,442
48,999
48,99957,44249,71257,79660,28955,77700000000000000000
> Total Stockholder Equity
99,007
97,156
84,190
61,454
70,788
106,605
126,637
142,605
87,764
100,763
112,712
108,870
132,764
175,348
188,987
197,111
207,723
257,243
210,788
251,088
211,371
236,234
214,277
214,277236,234211,371251,088210,788257,243207,723197,111188,987175,348132,764108,870112,712100,76387,764142,605126,637106,60570,78861,45484,19097,15699,007
   Common Stock
2,630
2,659
2,771
2,801
2,801
3,433
3,484
4,291
4,291
4,291
4,448
4,485
4,834
5,166
5,444
5,553
5,597
6,430
6,430
6,430
6,430
6,430
6,490
6,4906,4306,4306,4306,4306,4305,5975,5535,4445,1664,8344,4854,4484,2914,2914,2913,4843,4332,8012,8012,7712,6592,630
   Retained Earnings 
1,335
1,144
1,095
1,021
791
3,540
3,790
4,169
4,681
4,012
3,281
3,455
31,242
63,126
67,043
71,218
80,229
97,728
51,273
91,573
51,856
76,719
52,658
52,65876,71951,85691,57351,27397,72880,22971,21867,04363,12631,2423,4553,2814,0124,6814,1693,7903,5407911,0211,0951,1441,335
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
95,595
126,783
126,783
126,783
126,783
0
0
00126,783126,783126,783126,78395,5950000000000000000
   Treasury Stock00000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26,302
26,302
26,302
250,813
204,358
153,085
153,085
153,085
155,129
155,129153,085153,085153,085204,358250,81326,30226,30226,30200000000000000



Balance Sheet

Currency in GBP. All numbers in thousands.




Cash Flow

Currency in GBP. All numbers in thousands.




Income Statement

Currency in GBP. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue-10,443
Cost of Revenue-0
Gross Profit-10,443-10,443
 
Operating Income (+$)
Gross Profit-10,443
Operating Expense-498
Operating Income-10,941-10,941
 
Operating Expense (+$)
Research Development0
Selling General Administrative498
Selling And Marketing Expenses75
Operating Expense498573
 
Net Interest Income (+$)
Interest Income1,100
Interest Expense-1,520
Other Finance Cost-0
Net Interest Income-420
 
Pretax Income (+$)
Operating Income-10,941
Net Interest Income-420
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-10,941-9,421
EBIT - interestExpense = -12,461
-10,941
-9,502
Interest Expense1,520
Earnings Before Interest and Taxes (EBIT)-10,941-9,421
Earnings Before Interest and Taxes (EBITDA)-10,941
 
After tax Income (+$)
Income Before Tax-10,941
Tax Provision-81
Net Income From Continuing Ops-11,022-11,022
Net Income-11,022
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses498
Total Other Income/Expenses Net-1,520420
 

Technical Analysis of Henderson
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Henderson. The general trend of Henderson is BULLISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Henderson's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (42.9%) Bearish trend (-42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Henderson High Income Trust.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 159.50 < 159.50 < 159.50.

The bearish price targets are: 149.53 > 149.50 > 136.67.

Tweet this
Henderson High Income Trust Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Henderson High Income Trust. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Henderson High Income Trust Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Henderson High Income Trust. The current macd is 0.19307176.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Henderson price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Henderson. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Henderson price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Henderson High Income Trust Daily Moving Average Convergence/Divergence (MACD) ChartHenderson High Income Trust Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Henderson High Income Trust. The current adx is 41.34.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Henderson shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Henderson High Income Trust Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Henderson High Income Trust. The current sar is 150.50.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Henderson High Income Trust Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Henderson High Income Trust. The current rsi is 57.84. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Henderson High Income Trust Daily Relative Strength Index (RSI) ChartHenderson High Income Trust Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Henderson High Income Trust. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Henderson price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Henderson High Income Trust Daily Stochastic Oscillator ChartHenderson High Income Trust Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Henderson High Income Trust. The current cci is 224.57.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Henderson High Income Trust Daily Commodity Channel Index (CCI) ChartHenderson High Income Trust Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Henderson High Income Trust. The current cmo is 24.09.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Henderson High Income Trust Daily Chande Momentum Oscillator (CMO) ChartHenderson High Income Trust Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Henderson High Income Trust. The current willr is -11.76470588.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Henderson High Income Trust Daily Williams %R ChartHenderson High Income Trust Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Henderson High Income Trust.

Henderson High Income Trust Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Henderson High Income Trust. The current atr is 3.1009653.

Henderson High Income Trust Daily Average True Range (ATR) ChartHenderson High Income Trust Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Henderson High Income Trust. The current obv is 8,149,737.

Henderson High Income Trust Daily On-Balance Volume (OBV) ChartHenderson High Income Trust Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Henderson High Income Trust. The current mfi is 61.11.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Henderson High Income Trust Daily Money Flow Index (MFI) ChartHenderson High Income Trust Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Henderson High Income Trust.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-11CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-03WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-25CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-09WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-16CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-04CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.

6.3. Candlestick Patterns

Henderson High Income Trust Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Henderson High Income Trust based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5057.837
Ma 20Greater thanMa 50154.088
Ma 50Greater thanMa 100155.155
Ma 100Greater thanMa 200153.645
OpenGreater thanClose157.000
Total2/5 (40.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Henderson with someone you think should read this too:
  • Are you bullish or bearish on Henderson? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Henderson? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Henderson High Income Trust

I send you an email if I find something interesting about Henderson High Income Trust.


Comments

How you think about this?

Leave a comment

Stay informed about Henderson High Income Trust.

Receive notifications about Henderson High Income Trust in your mailbox!